Audio By Carbonatix
The Managing Director of Guaranty Trust Bank Ghana Ltd, has disclosed that the bank has met the minimum capital requirement set by the Bank of Ghana.
Thomas Attah John disclosed that though the minimum capital requirement is important, other fundamentals of a bank should be in place as the defining mark of a strong bank such as the bank's liquidity position and non-performing loans ratio.
He also stated the bank will be rolling out a number of electronic banking products to help drive banking transactions after the required regulatory approval can be given
He added that the bank will hold onto branch expansion as they scale up their electronic banking channels. This will, however, be done in a way that will not disadvantage customers who adapt to technology slowly.
The Bank of Ghana has set December 2018 the deadline for universal banks to meet the capital requirement.
Watch video below:
Latest Stories
-
OSP is not luxury but a constitutional necessity -Senyo Hosi
2 minutes -
32 Foreigners arrested in Kasoa romance scam bustÂ
5 minutes -
Engineer leverages U.S. research to build exportable digital twin frameworks for energy resilience
19 minutes -
Senyo Hosi urges support for Office of the Special Prosecutor
21 minutes -
My issue is with the constitution, not the individual – Adamtey on calls to scrap OSP
22 minutes -
Former PSRS boss warns NDC against declaring early economic victory
23 minutes -
Photos: Ghanaians honour late defence minister Dr. Edward Kofi Omane Boamah at Jackson park
33 minutes -
Calls to abolish OSP are hasty and unwarranted – Bobby Banson
40 minutes -
Kpandai rerun: Courts must act swiftly to prevent costly parlimentary election – Boafo Akuffo
49 minutes -
Serwaa Broni breaks down at Daddy Lumba’s funeral
55 minutes -
Legal expert urges Alban Bagbin to reinforce authority amid parliamentary chaos
1 hour -
Sanctions needed to curb rising disorder in parliament – Victor Adawudu
1 hour -
Kpandai re-run chaos: Senyo Hosi urges calm and consensus
1 hour -
NDC does not need Kpandai seat to assert power – Senyo Hosi
2 hours -
Daddy Lumba: Sights & sounds as Ghanaians mourn legend at Kumasi funeral
2 hours